S. 3510Senate110th Congress (2007-2009)In Committee

A bill to prohibit the Board of Governors of the Federal Reserve System from making funds available at a discount rate to private individuals, partnerships, and corporations.

Introduced September 17, 2008

Legislative Activity

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1 earlier action
SenateIntro Referral Latest Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S8954)

September 17, 2008

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SenateIntro Referral

Introduced in Senate

September 17, 2008

SenateIntro Referral

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S8954)

September 17, 2008

Floor Debate

5 members

What members said about S. 3510 on the floor

2 Republicans3 Democrats
Richard J. Durbin
Sen. Richard J. DurbinD-IL · Sep 17, 2008

Mr. President, today I am introducing legislation with Senator Bingaman and Senator Kohl to remove Social Security numbers from Medicare identification cards. Government agencies and private…

Herb Kohl
Sen. Herb KohlD-WI · Sep 17, 2008

Mr. President, today I am doing my part to end the growing crisis of high school dropouts. I am introducing the Fast Track to College Act, a bill to increase high school graduation rates and improve…

Olympia J. Snowe
Sen. Olympia J. SnoweR-ME · Sep 17, 2008

Mr. President, today I join my colleague, Senator Lincoln of Arkansas, to introduce the Medicare Home Infusion Coverage Act, which will help us improve care and reduce costs. Today we know that the…

Jack Reed
Sen. Jack ReedD-RI · Sep 17, 2008

Mr. President, I ask unanimous consent that the text of the bill be printed in the Record.

Jim Bunning
Sen. Jim BunningR-KY · Sep 17, 2008

Mr. President, I ask unanimous consent that the text of the bill be printed in the Record.

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Jim Bunning
Sen. Jim BunningR-KY · Sep 17, 2008

Mr. President, I ask unanimous consent that the text of the bill be printed in the Record.

Bill Text

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Introduced in SenateIssued September 17, 2008

II

110th CONGRESS

2d Session

S. 3510

IN THE SENATE OF THE UNITED STATES

September 17, 2008

Mr. Bunning introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs

A BILL

To prohibit the Board of Governors of the Federal Reserve System from making funds available at a discount rate to private individuals, partnerships, and corporations.

1.

Repeal of discount authority for private firms

Section 13 of the Federal Reserve Act (12 U.S.C. 343) is amended by striking the third undesignated paragraph (relating to discounts for individuals, partnerships, and corporations).